SPDR® Bloomberg
Emerging Markets
Local Bond ETF

EBND

Key Features

Total Return (As of 06/30/2024)•• The SPDR® Bloomberg Emerging Markets Local BondETF seeks to provide investment results that, before feesand expenses, correspond generally to the price andyield performance of the Bloomberg EM Local Currency
Government Diversified Index (the "Index")•• Seeks to provide exposure to fixed-rate local currency
sovereign debt of emerging market countries•• Index includes government bonds, in local currencies, issued
by investment grade and non-investment grade countries
outside the U.S. that have a remaining maturity of oneyear or more•• Rebalanced on the last business day of the month
About This Benchmark
The Bloomberg EM Local Currency Government Diversified
Index is designed to measure the performance of the fixed-rate
local currency sovereign debt of emerging market countries. TheIndex includes government bonds issued by investment grade andnon-investment grade countries outside the United States, in local
currencies, that have a remaining maturity of one year or more andare rated B3/B-/B- or higher using the middle rating of Moody's
Investors Service, Inc., S&P Global Ratings, and Fitch Ratings, Inc.,
respectively.
Fund Information
Inception Date

02/23/2011

CUSIP78464A391

Fact Sheet
Fixed Income
As of 06/30/2024

NAV(%)

Market Value(%)

Index
(%)

QTD

-1.30

-1.60

-1.19

YTD

-4.15

-4.21

-3.79

1 Year

0.10

-0.67

0.51

3 Year

-4.38

-4.50

-4.41

5 Year

-2.06

-2.15

-1.85

10 Year

-1.35

-1.37

-0.86

Cumulative

Annualized

Gross Expense Ratio (%)

0.3030 Day SEC Yield (%)

6.00

Past performance is not a reliable indicator of future performance.
Investment return and principal value will fluctuate, so you may have again or loss when shares are sold. Current performance may be higher
or lower than that quoted. All results are historical and assume thereinvestment of dividends and capital gains. Visit ssga.com for mostrecent month-end performance. Performance is shown net of fees.
Performance of an index is not illustrative of any particular investment. It
is not possible to invest directly in an index. Index returns are unmanaged
and do not reflect the deduction of any fees or expenses. Index returns
reflect all items of income, gain and loss and the reinvestment of dividends
and other income as applicable.
Prior to 10/31/2021, the SPDR Bloomberg Emerging Markets Local Bond
ETF was known as the SPDR Bloomberg Barclays Emerging MarketsLocal Bond ETF.
Prior to 8/24/2021, the Bloomberg EM Local Currency Government DiversifiedIndex was known as the Bloomberg Barclays EM Local Currency Government
Diversified Index.
Characteristics
Average Yield To Worst

6.65%

Number of Holdings

608

Option Adjusted Duration

6.26

Option Adjusted Spread

4.6

Not FDIC Insured. No Bank Guarantee. May Lose Value.

1Quality Breakdown

Weight (%)

Aaa

1.17

Aa

17.06

A

30.95

Baa

37.87

Below BAA

12.95

Top Country Weights

Weight (%)

South Korea

13.01

China

12.02

Indonesia

7.25

Malaysia

6.68

Mexico

6.12South Africa

4.82

Philippines

4.62

Thailand

4.60

Poland

4.57

Czech Republic

4.55

Brazil4.52

Israel4.25

Romania

4.12

Colombia

4.11

Hungary

3.77

Totals may not equal 100 due to rounding.
Maturity Ladder

Weight (%)

0 - 1 Year

2.11

1 - 2 Years

10.20

2 - 3 Years

12.83

3 - 5 Years

17.995 - 7 Years

11.93

7 - 10 Years

16.95

10 - 15 Years

10.00

15 - 20 Years

7.19

20 - 30 Years

9.11> 30 Years

1.67

2

ssga.com
Information Classification: GeneralState Street Global Advisors
One Iron Street, Boston MA 02210
T: +1 866 787 2257
Glossary
NAV The market value of a mutual fund’s orETFs total assets, minus liabilities, divided by
the number of shares outstanding.
Market Value Determined by the midpoint
between the bid/offer prices as of the closing
time of the New York Stock Exchange (typically
4:00PM EST) on business days.
Gross Expense Ratio The fund’s total
annual operating expense ratio. It is gross ofany fee waivers or expense reimbursements.
It can be found in the fund’s most recentprospectus.
30 Day SEC Yield (Also known asStandardized Yield) An annualized yield thatis calculated by dividing the net investment
income earned by the fund over the mostrecent 30-day period by the current maximum
offering price.
Index Average Yield to Worst The lowest
potential yield that can be received on abond without the issuer actually defaulting.
The YTW is calculated by making worstcase scenario assumptions on the issue bycalculating the return that would be received
if the issuer uses provisions, including
prepayments. When aggregating YTW for a
portfolio level statistic, the weighted averageof the YTW and market value for eachsecurity is used.
Option Adjusted Duration An optionadjusted measure of a bond’s (or portfolio’s)
sensitivity to changes in interest rates
calculated as the average percentage change
in a bond’s value (price plus accrued interest)
under shifts of the Treasury curve +/- 100bps. Incorporates the effect of embedded
options for corporate bonds and changes in
prepayments for mortgage-backed securities.
Option Adjusted Spread A measurement ofa fixed-income security rate and the risk-freerate of return, which is then adjusted to take
into account an embedded option.
Quality Breakdown Bloomberg uses the“middle rating” of Moody’s, S&P, and Fitch todetermine a security’s index classification. If

only two of the agencies rate a security, thenthe most conservative (lowest) rating will beused. If only one rating agency rates a security,that one rating will be used. Where there are
no security level ratings, an issuer rating may
be used to determine index classification.
Bloomberg Index breakdowns are grouped intolarger categories. For example, AAA+ and AAA
are listed as Aaa; AA1, AA2, and AA3 are listed
as Aa, etc.
Important Risk Information
Weights are as of the date indicated, aresubject to change, and should not be relied
upon as current thereafter.
Investing involves risk including the risk of lossof principal.
The information provided does not constituteinvestment advice and it should not be reliedon as such. It should not be considered asolicitation to buy or an offer to sell a security.
It does not take into account any investor's
particular investment objectives, strategies,
tax status or investment horizon. You should
consult your tax and financial advisor.
The whole or any part of this work may not bereproduced, copied or transmitted or any of
its contents disclosed to third parties without
SSGA’s express written consent.
This communication is not intended to be an
investment recommendation or investment
advice and should not be relied upon as such.
The Fund's investments are subject tochanges in general economic conditions,general market fluctuations and the risks
inherent in investment in securities markets.
Investment markets can be volatile and prices
of investments can change substantially due
to various factors including, but not limited
to, economic growth or recession, changes
in interest rates, changes in the actual or
perceived creditworthiness of issuers, andgeneral market liquidity. The Fund is subject
to the risk that geopolitical events will disrupt
securities markets and adversely affect global
economies and markets. Local, regional or
global events such as war, acts of terrorism,
the spread of infectious illness or otherpublic health issues, or other events could
have a significant impact on the Fund and its
investments.
If your account holds Russian securities
and instruments, then as of the date of thispublication, they have been fair valued. Suchfair value may be zero. If your portfolio holds
such Russian securities and instruments, thenthe portfolio may not be able to dispose ofsuch securities and instruments dependingon the relevant market, applicable sanctions
requirements, and/or Russian capital
controls or other counter measures. In suchcircumstances, the portfolio would continue
to own and have exposure to Russian-related
issuers and markets. Please refer to yourportfolio holdings report.
There may be differences between the Fund's
Dividend Yield and other yield calculations dueto the effect of foreign currency gains andlosses and foreign taxes within the Fund.
Foreign (non-U.S.) Securities may besubject to greater political, economic,environmental, credit and information
risks. Foreign securities may be subject tohigher volatility than U.S. securities, due tovarying degrees of regulation and limited
liquidity. These risks are magnified inemerging markets.
Bond funds contain interest rate risk (asinterest rates rise bond prices usually fall); therisk of issuer default; issuer credit risk; liquidity
risk; and inflation risk. There are additionalrisks for funds that invest in mortgage-backed
and asset-backed securities including the riskof issuer default; credit risk and inflation risk.
Non-diversified funds that focus on arelatively small number of securities tend to
be more volatile than diversified funds and themarket as a whole.
Passively managed funds invest by
sampling the index, holding a range of
securities that, in the aggregate, approximates
the full Index in terms of key risk factors andother characteristics. This may cause thefund to experience tracking errors relative toperformance of the index.
While the shares of ETFs are tradable onsecondary markets, they may not readily
trade in all market conditions and may
trade at significant discounts in periods ofmarket stress.
ETFs trade like stocks, are subject toinvestment risk, fluctuate in market value andmay trade at prices above or below the ETFs
net asset value. Brokerage commissions andETF expenses will reduce returns.
Intellectual Property Information: TheS&P 500® Index is a product of S&P Dow Jones
Indices LLC or its affiliates (“S&P DJI”) andhave been licensed for use by State Street
Global Advisors. S&P®, SPDR®, S&P 500®,US3500 and the 500 are trademarks of Standard& Poor’s Financial Services LLC (“S&P”); DowJones® is a registered trademark of Dow Jones
Trademark Holdings LLC (“Dow Jones”) andhas been licensed for use by S&P Dow Jones
Indices; and these trademarks have been
licensed for use by S&P DJI and sublicensed
for certain purposes by State Street Global
Advisors. The fund is not sponsored, endorsed,
sold or promoted by S&P DJI, Dow Jones, S&P,
their respective affiliates, and none of suchparties make any representation regarding
the advisability of investing in such product(s)nor do they have any liability for any errors,omissions, or interruptions of these indices.
“Bloomberg ®” and Bloomberg EM Local
Currency Government Diversified Index areservice marks of Bloomberg Finance L.P.
and its affiliates, including Bloomberg Index
Services Limited (“BISL”), the administratorof the index (collectively, “Bloomberg”)
and have been licensed for use for certain
purposes by State Street Global Advisors.
Bloomberg is not affiliated with State Street
Global Advisors, and Bloomberg does notapprove, endorse, review, or recommend SPDR
Bloomberg Emerging Markets Local Bond ETF.
Bloomberg does not guarantee the timeliness,accurateness, or completeness of any data
or information relating to SPDR Bloomberg
Emerging Markets Local Bond ETF.
Distributor State Street Global Advisors
Funds Distributors, LLC, member FINRA, SIPC,
an indirect wholly owned subsidiary of State
Street Corporation. References to State Street
may include State Street Corporation and its
affiliates. Certain State Street affiliates provide
services and receive fees from the SPDR ETFs.
SSGA Funds Management has retained
State Street Global Advisors Limited as thesub-advisor.

Before investing, consider thefunds’ investment objectives, risks,charges and expenses. To obtain aprospectus or summary prospectus
which contains this and otherinformation, call 1-866-787-2257 orvisit ssga.com. Read it carefully.
2024 State Street Corporation.
All Rights Reserved.
Tracking Number: 5900723.1.6.AM.RTL
Expiration Date: 10/31/2024
ETF-EBND 20240715/10:40©